Shipping rates rise for a fourth straight week on US routes

Aug 21, 2026

Shipping costs from Asia to the US keep climbing, which is good news for container shipping lines but adds cost pressure for importers.

  • The main Shanghai export shipping rate index rose again this week, its fourth straight weekly gain.
  • Rates to the US West Coast and US East Coast both went up, with the East Coast leading.
  • Rates to Europe and the Mediterranean fell, so the strength is mostly on US routes.
  • Southeast Asia routes jumped the most, up about 8% in a week.
  • Trouble in the Red Sea and the Strait of Hormuz is keeping ships on longer routes and holding rates high.

Outlook: Rates are expected to stay strong through the summer peak season, and even if they ease later this year, a sharp collapse looks unlikely unless the shipping-lane disruptions clear up.

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